The top Stablecoin projects, ranked by prominence — TVL, market cap, funding, and on-chain activity.

Curve
Efficient stablecoin DEX with deep liquidity

Paxos
Tokenized physical gold on the blockchain

Reserve protocol
Create asset-backed currencies for the world

Thala
Aptos-native DeFi with stablecoin and AMM

Ethena
The first crypto-native synthetic dollar

Flying Tulip
Custom lending & perps across Sonic and Ethereum

Ripple
Fast cross-border payments and stablecoin infrastructure

usd.ai
Yield-bearing synthetic dollar for AI compute financing

Resolv
Delta-neutral stablecoin backed by ETH

Mezo
Your Bitcoin, your bank, no middlemen.

BOB
Multi-chain stablecoin with optional privacy

Sperax
Autonomous DeFi agents for self-optimizing portfolios.

Level
Decentralized perpetual exchange and yield protocol

Frax
The first fractional-algorithmic stablecoin

Asymmetry Finance
Decentralized stablecoin borrowing with fixed rates

Usual
Stablecoin and yield protocol backed by real-world assets

Falcon Finance
Your Crypto, Your Yields

Parallel
A stablecoin protocol that fails clean

River
Cross-chain stablecoin without bridging

Spark
Onchain capital allocator for scalable liquidity and yield.

USDD
Decentralized stablecoin backed by crypto reserves

Magma Finance
Smarter liquidity for Sui DeFi.

World Liberty Financial
Earn, borrow, and grow across chains

Float Protocol
Decentralized stablecoin for long-term value preservation

Gemini
Regulated exchange and stablecoin issuer

Inverse Finance
Fixed-rate lending and stablecoin protocol

dForce
DeFi infrastructure for Web3 liquidity and stablecoins

Ampleforth
The currency that breathes, not breaks

Sky
Governance for Sky Protocol and USDS

Elixir
Institutional liquidity for the next generation of DeFi

Unitas
Yield-bearing stablecoins, no banks needed.

Solstice
Institutional yield, on-chain for everyone.

Frankencoin
Oracle-free Swiss franc stablecoin with yield

CAP
Credible financial guarantees via stablecoins

Hatom
DeFi ecosystem powering lending, staking, and stablecoins.

Shade Protocol
Privacy-first DeFi protocol with Silk stablecoin

Saturn
Bitcoin-backed credit protocol with dual-token stablecoins

First Digital
Stable cash reserves, seamless blockchain efficiency.

Resupply
Maximize yield with half-rate borrowing

Hydration
All-in-one DeFi hub on Polkadot

DFX Finance
Decentralized FX for stablecoins.

Basis Cash
Fairly distributed algorithmic stablecoin

Stable
Governance token for USDFI with perpetual buybacks

Noon
Yield-bearing stablecoin with delta-neutral strategy.

InfiniFi
Modern banking infrastructure, on-chain.

International Stable Currency
Inflation-resistant flatcoin backed by real assets

Fluid Protocol
Zero-interest loans, unstoppable stablecoin liquidity.

neutrl
Market-neutral synthetic dollar for onchain yield

GAIB
AI infrastructure meets DeFi yields.

Usual USD0
The stablecoin layer for decentralized finance.